Brazil and Paraguay To Build A Second Border Bridge Over The Paraná River
By Dialogo December 09, 2008EFE Brazil and Paraguay will build a second border bridge over the river Parana, a project that will begin next year and be completed in 2012, according to the agreement reached between the two countries and published today in the Official Journal. The bridge will be built between the towns of Foz do Iguacu and President Franco and will have strategic importance for Mercosur, a bloc that both countries integrate with Argentina and Uruguay. Negotiations for the construction of the bridge began in 1992 when they signed the first protocol of intentions between the two countries. The works were authorized by Paraguayan congress last May and Brazilian congress in September and is estimated to have cost $60 million. The financing will be at the expense of Brazil, which has included the project in the so-called Growth Acceleration Program (CAP), an ambitious plan of infrastructure investment that provides higher than the $270,000 million dollars between 2007 and 2010. Under the project, the bridge will measure about 800 meters long and 17.5 wide, and will boost trade between Paraguay and Brazil, as well as with the rest of the Mercosur countries. Brazil and Paraguay, separated by the Parana river flow, are connected by the "Bridge of Friendship", opened in 1965 and it connects Foz do Iguacu to Ciudad del Este.